Monthly Archives: June 2017
Hedge-Fund Bet on Banco Popular Collapse Yields Maximum Gain
(Bloomberg) It’s the sort of event hedge funds were made for. Banco Popular Espanol SA’s takeover by Banco Santander SA for a token 1 euro wiped out the troubled lender’s stock and meant that, for the hedge funds betting against […]
Hedge Funds as an Insurance Amidst Uncertain Markets
(Asia Asset Management) As bond prices are expected to decline with further US interest rate hikes, investors may want to use hedging strategies as insurance for their fixed income investments.Investors should welcome interest rate hikes as they suggest economic growth. […]
Americans Living Longer is Biggest Risk for Nordic Hedge Fund
(Business Times) In a time of negative interest rates, you sometimes have to stretch far to find some decent returns.The Stockholm-based hedge fund manager, Resscapital AB, is turning to an alternative but fast growing market of betting on life insurance […]
Fed Gives Extension on Complying With Part of Volcker Rule to Three Banks
(Reuters) The U.S. Federal Reserve on Wednesday gave extensions of up to five years to Deutsche Bank, SVB Financial Group, and UBS Group on complying with part of the Volcker Rule that deals with illiquid funds. The central bank said […]
Chinese Hedge Fund Opens in US
(AICIO) Hywin Capital Management, based in Shanghai, has launched a new, multi-manager hedge fund that is targeting 8% to 15% annual returns with minimal drawdowns, according to Gib Dunham, managing director and the portfolio manager of the fund. The quantitative […]
Elliott’s Singer Warns System May Be More Leveraged Than 2008
(Bloomberg) Billionaire investor Paul Singer said “distorted” monetary and regulatory policies have increased risks for investors almost a decade after the financial crisis. “I am very concerned about where we are,” Singer said Wednesday at the Bloomberg Invest New York […]
Hamilton Lane Raises $1.9B For Oversubscribed Secondaries Fund
(FINalternatives) Global alternative investment manager Hamilton Lane has raised $1.9 billion in capital commitments for its fourth secondary fund, significantly surpassing its original $1.25 billion target. To read this article:
Citadel’s Griffin: Inflation Complacency Worrisome
(FINalternatives) The rally in U.S. stocks is not over, but investors are overly complacent about inflation and should start worrying about its return, Citadel’s Ken Griffin said during a CNBC interview on Wednesday. To read this article:
Hedge Fund Veterans Take on Tories in U.K. Anti-Brexit Heartland
(Bloomberg) Chris Coghlan loves a challenge. He joined a hedge fund just as the global financial crisis was getting into full swing. Then he took a job with the U.K. Foreign Office’s counter-terrorism unit. Now he wants to reverse Brexit. […]
ETF Buyers Have a New Go-To Fund for Chasing the Tech Rally
(Bloomberg) Investors yanked $716.9 million from the Technology Select Sector SPDR Fund, ticker XLK, in the week ended May 26, the biggest weekly exodus since January 2016, according to data compiled by Bloomberg. The same week, they added $1.78 billion […]
Hedge Fund Managers Can Show Off With Better Returns In May
(Reuters) Some hedge fund managers can finally brag a little as several prominent ones, including Daniel Loeb and William Ackman, last month beat the broader stock market’s gains, early returns show. Loeb, who runs $16 billion Third Point, told investors […]
HedgeCoVest DEPLOY Streamlines Middle and Back Office SMA Operations
(HedgeCo.Net) HedgeCoVest LLC (www.hedgecovest.com), a leading provider of managed accounts technology for advisors, today announced its new enterprise level solution, the DEPLOY Program, a fully outsourced solution to handle the day-to-day operations of an investment firm’s separately managed accounts (“SMA”) […]